good to have you with us for the hour. who won the debate? josh. >> oh, my god. >> the confetti is falling. >> you just can't see it. amazing. have a great rest of the day. "power lunch" begins right now. halftime is over. "power lunch" and the second half of the trading day is now -- >> scott, thank you very much. a stock list, just danger, which stocks he says to stay away from and why? >> target adopting the microchip. it's a new way to keep customers safe when they use their credit cards, this after the company's big christmas season debacle. will it work? and who else is going in that same direction? and the exclusive list of the most influential men and women in business over the past 25 years, today we have two people from that list, including

one continent's richest person. first to sue at the new york stock exchange. we have a triple digit advance, but "mad money's" jim cramer made a very passionate case warning against three groups of stocks. we'll talk about that in 30 seconds. first jim in his own words, as nobody makes a better case than he does. >> the first group is what i call the amazon army. how do companies enlist if she swear to grow revenues really fast and not worry about turning a profit, since for the long time the market -- provided they had excellent revenue growth. the second kind -- any stock in an area where there have been a ton of initial public offerings, consider them landmines. finally the third hazardous, biotechs. so let's talk about that with bob pisani who's here with me, and dominic chu because in e.c., dom, i'm going to start

with you. you heard the danger list. do you agree? >> you know, it's interesting now, when we talk about that, cramer is absolutely right, but the question is whether or not they all happen at the same time. which you get a sense from investors today that maybe there's a fear that all of those are brewing the perfect storm, but you have biotechs, and of course all the other types of stocks that make up the market. first with the high flyer stocks, oftentimes the market will revalue those. after all, we do want to pay a certain am of stock price. with amazon there's a fundamental case to be made that they need to come down. for the ipo frenzy, we may have seen a lot of them right now, but some do better than others. remember zoe's kitchen? other stocks don't fare nearly as well. with those biotech stocks, this is of course one of the leading

sectors or industries on the way up. it's about a stock picker's market. >> i agree with the ipo point. >> i was just going to say that. >> i'm concerned about the next week. if we get nothing in the next week and a half, ipo market will definitely be having a serious pause. on the new -- on the high valuations, i would agree. we get twitter tonight, folks, and you bet you see very little user growth, new people in the u.s., might be overseas. the question is will that be enough? but i would expand jim as list a bit. put up today what i had this morning, a number of sectors have been very, very weak. i mean specifically home construction, there's the itv stocks. >> financials. >> banks, sue, a lot of big names, and area lines, which is a leadership group are weak as well. the thing i'm most worried about right now are bank stocks. >> after yesterday, goldman got

hit, all of these got hit. >> the regional banks, all down 6%, 7%, 8%, that will be what i would be most careful about. so far today we're up triple digits, about 105 points, ty, so thanks, guys. >> mary thomson here now it's changing its technology, switching branding, but that's just the half of it. >> target is making good on its promise to improve data security. first it's adopting the chip and pintek knowledge for the red card portfolio. this means by early 2015, all red card debit and credit cards will have embedded computer chips that carry customer information rather than the

magnetic strips. this technology should help to reduce fraud as the chip-enabled cards are harder to counterfeit. they hired bob derodes will oversee the minneapolis-based efforts to improve security. target is said to be the first major u.s. retailer to commit to the adoption of emv technology, a technology that visa and mastercard are pushing to be adopted by october of 2015. at that time liability for fraud made with card present transactions, meaning instore will fall to the link of the payment's chain with the weakers security. this is supposed to incent retailers who have been reluctant to spend money on the new terminals designed to incent them to get on board with the movement and avoid being saddled with the cost of thousands fraudulent transactions emv

won't present all of this. the systems remain vulnerable in the digital shape. implementation of this security measure is spotty and will require wider adoption by retailers, processors to make client information more secure. >> that's very interesting, that after 2015, if falls to the weakest link in the security -- i can imagine the lawsuits, but i can also imagine how this is spurringing them to put in the terminals. >> retailers have been reluctant. as you point out, they have to buy the terminals, install them, new software. it's a process. so they don't want to do it, because everything has been working fine and they haven't been liable for a lot of the fraud. put the fraud on them, they may be more willing -- >> i'm a little thick, but i thought it was the cost of the chip. not at all. >> though the chip cards are more expensive to replace than ones with the mag strip.

>> but really it's the readers and the backup software that's so expensive. ivities another one, yeah. ultimately if you want to protect a consumer and coupe those clients there, you have to do this. >> mary, thanks very much. so dominic chu. momentum stocks are rebounding as investors go bargain huntic. all the pretty safely in the green. all are in correction territory. netflix is down the most. the ebb is at session highs. among the individual names, check out bioagain, idek, celgene, all taking a move higher, at least by 3%. overall a very nice day for some of those rebound stocks, the

bargain hunters at least now appear to be nibbling at that particular part of the market. sue, back over to you. >> dom, thank you very much. there's been some deadly weather down south of here. a new line of tornadoes is expected to hit the south today. take a look at this video from louisville mississippi yesterday. storm chaser with hunting down the storms as they popped up. that's a very big tornado in front of the car's windshield. this is video now from columbus, mississippi, which is about 65 miles neeortheast of louisville. people were forced to take shelter extremely quickly. 11 people were killed by the storms in mississippi yesterday. the two-day death toll in the central and southern parts of this country has hit 28. the weather channel's carl parker now on what to watch for today. >> we are once again looking for severe weather today. a lot of the same areas that were threatened yesterday. let's begin with a look at the

satellite picture, what was left of all those thunderstorms yesterday now moving down toward the gulf coast. a lot of cloud associated, but in the wake of that, a lot of clear sky, that means unstable atmosphere, and very strong wind aloft. that supports the longlasting thunderstorms that can produce tornadoes. what we've got is a 7 out of 10 on the tor:con index in southern alabama, also in the case in the western part of the state. that means a 70% chance of a tornado. 6 in georgia, 5 in north carolina, and then again tomorrow we are looking for severe weather along the east coast, and talking about a 5 out of 10 maryland and virginia, 6 in north carolina and south carolina, and then also looking at a 5 out of 10 in central and southern georgia. so another couple days at least of severe weather in the southeast and the east. back to you. >> thank you so much. now a massive tube strike is under way in london. one of our bests today missed the appearance due to the chaos,

as union members stage a two-day walkout to protest plans to cut 1,000 jobs. ty, up to you. >> sue, it is of course a big day and big week, indeed a big month for cnbc as we celebrate or 25ths anniversary, the release today of the list of the most influential business leaders, here is the top ten. 8, mark zuckerberg, a precocious baby billionaire whose facebook transformed what we do online. 7, oprah winfrey, the media powerhouse who just may be the world's most influential woman. six, warren buffett, the oracle

of omaha, business magnate and master investor. five, jeff bezos, the retailing disruptor who founded amazon and made e-commerce flow like a mighty river. four, the google guys. can you really go a day without googling? three, allen greenspan and ben bernanke. controversial and historic, they were the ultimate central bankers. two, bill gates, the weltiest man on earth and the greatest philanthropist of his age. one, steve jobs, compute respect music, movies, telephones, tablets, he mastered them all with style. you can check out the full list of the 25 on cnbc.com right now. our coverage is just starting. this hour we're going to talk live with two people on that

list, includings the richest man on one of the seven continents with a truly fascinating story. you won't forget him, plus the man who brought the world the index fund. we'll be back in two minutes. ♪ ♪ ♪ ♪ [ tires screech ] chewley's finds itself in a sticky situation today after recalling its new gum. [ male announcer ] stick it to the market before you get stuck. get the most extensive charting wherever you are with the mobile trader app from td ameritrade. have been there for america. fannhelping millions realize their dreams of homeownership. and when fannie mae and freddie mac needed help, america was there for them. today, fannie mae and freddie mac celebrate payment in full to taxpayers. together, we've created

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. the net income soared bolstered, macaw improved book us for that casino group,

currently trading up about 8% near session highs. check out las vegas sans and wynn resorts, up as well in sympat sympathy. s so, again, those casino stocks up big today, tyler. thank you very much. to celebrate our 25th anniversary, creating a list of the 25 most influential and transformative people in business in the past quarter century. earlier today we revealed the list and how they ranked. all day we're telling their stories, and now he's the mutual fund pioneer who gave birth to vanguard and invehemented the index fund, number nine on our first 25.

investors' pockets than any other. his name is jack boggle. he shouldn't be alive. >> he was in many ways a true innovator in the field of individual investors. abilities to access the markets. >> boggle has had at least six heart attacks. at age 31, suffering from congenital heart failure, doctors told him he would never see 40. that didn't stop him. he's 84 now, 18 years removed from a heart transplant. >> he created not only a new company. he created a new way to invest. >> the company he founded was called vanguard, now the largest fund in the world. the new way to invest was index funds. >> jack was the creator effectively of the index fund. >> the concept was simple.

build an essentially unmanaged fund that matched day by day tick for tick a market benchmark. simple it was, but swallowing the idea was ard. for shareholders it meant accepting average returns. for fund sellers, it meant lives on razor-thin feeds, savings that went into shareholders' accounts. >> investors suddenly found the playing field more level, so to a certain extend, to a great extent, he democrat advertised investing for individuals, which was a luge contribution in the mutual fund space. >> jack boggle will go down as one of the five most influential people in investing history in america, i'm willing to bet. >> today vanguard has nearly $3 thrill onunder management, much of it in boggle's babies, the index funds and their spirit july offspring, etfs. jack boggle is pretty much like a t-rex in terms of what

vanguard is verse, you know, a little tiny lizard over here. you don't see too many folks that manage that much money. >> no, you don't. even those impressive numbers don't tell the story. boggle's true legacy is the tens of trillions in assets across the globe that are now managed the boggle way via index funds. he no longer has an executive role at vanguard. he runs a research center on the company's campus. he writing books and evangelizes to anyone who will listen about the virtue of low cost buy-and-hold long-term investing, a real t-rex in a world of flash boy traders. jack bogle, number nine in valley forge, welcome. good to have you with us. >>e great to be there. i love that introduction.

>> did we get it right? >> a little too generous. it made me feel kind of puffed up, which is not the way i usually feel, but it was beautifully done. >> we didn't mean to editorialize that like by you shouldn't be alive, but there are probably some in your industry that wish you weren't, right? >> i think that's probably true. >> jack, let me start with a question. you've had a long career dating back to the 1950s, when you wrote your princeton thesis about indexing and low-cost investing. as you look back, what did you get right and what did you get wrong? >> well, when i got right, it was not only the index fund, a product of a simple mind, you know, if i had been some kind of genius, i would have thought i could beat the market all the time, but i don't have the talent for that. so i did the right thing by my standards and by the simple math of the markets. gross return on the markets minus cost equals no return.

that's a formula that's good forever. that really comes out of the formation of vanguard, which is the only mutually owned, owned by our own shareholders, mutual fund organization in the united states. that broke new ground, new organizational ground, like the index fund, it was a huge december it was innovation and extremely disrupt i have been. out of that came the index fund. we went no load, got rid of the distribution force that supported the wellston funds for 50 years almost, and another, you know, consumer-oriented innovation. we realized, tyler, that the consumer is king before anybody else did, except for maybe adam smith, who wrote that almost in the same words in 1776 in "the wealth of nations." puts those ideas together and xwremting them was the tough task. >> what did you miscalculate

that you wish you had gotten right but didn't? >> well, i'm happy to tell people that most of the mistakes i've made, which are really numerous, beyond belief really that all this good came out of it, is that i've done for marketing reasons. that's a terrible reason to do anything in the investment big. that means if the public wants a certain kind of fund, give it to them. that's what got me into the merger, the merger with the go go group up in boston back in 1966, and they destroyed the fund that we acquired with them, they almost destroyed the conservative wellington fund and i had to pay the price. i tell people, you make a big mistake, pay a big price, who says life isn't fair? so we got into specialized portfolios, that was a mistake. we got into real estate

partnerships, that was a mistake. we got into horizon funds now long forgotten. these were my doings. that was a mistake, although out of the -- >> but jack, you know, you did make mistakes, everybody makes mistakes, but you learned from the mistakes. i think that's what took you to develop the index fund. you mentioned having that good idea, but also the timing. i think that's key. you launched the index fund and pioneered it at a key time when the individual investor was looking for a way to get into a level playing field and invest in themselves. i wonder how you view the market right now in the age of flash trading, in the age of dark pools, et cetera, because i get the feeling that the individual investor is not feeling included in the market, as they were when you launched that revolutionary product, the mutual fund and the

index fund. not so much the market returns. every company in america, corporate america, if you will. that's a growth proposition. so these things like flash trading, dark pools, so on, should and do mean nothing to the long-term investor. they're simply things that traders get trapped by. . before we let you go, what is your view of stock prices today,

highly priced, fayly priced. value priced? >> as somewhere between fairly priced and highly priced. not so much highly priced that i would say get out today, because as people have come to learn, if you get out today, who's going to tell you when to get back in tomorrow? i don't think we're on the verge of a great financial collapse or economic collapse, and we may be on the verge of even as much as a 25% market decline, who really knows? i i this the best advice is to ride it out and stay the course, fully invested by their own standards, and that is, 65 or 70% of the stocks. 25% or 35% in bonds, just hang on to that through thick and thin, with more bonds at the end of the period when they're living on the income, and more stocks at the beginning when they have little money at stake.

>> a guy that i think i've learned more from. >> i agree, too. >> i'm glad to be alive. you don't get these awards if you're not. >> we are, too. he's one of the cnbc's first 25. he was all three of those and more. we'll share the story of number eight next hour in "street signs" and tonight at 7:00, a special reveal of the top five and couple bon us choices as well. >> he's such a terrific guys. fizers's moved putting the state of u.s. tax code right back in the middle of the spotlight. what should be done by corporate taxes? congress voting today, and house ways and middle eastern committcommi -- means commit means commit polar vortexes,

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in some of the other metals, like the silver market, which is down $3.30. >> sioux, thank you very much. there you see it, a ceo selfie taken by doug mcmillen at walmart's expo, where he's meeting with other powerful ceos. spell of which, the house ways and means committee voting today to cut the number of temporary tax breaks to basically six and make them permanent, among those on the list of credits from multinationals that they get for overseas income. representative jim ranacs is a america. congressman, good to have you with us. let's talk about what the votes today will do. as i understand it, they will make permanent what have been

sore of impermanent tax extenders. why is this a good idea? who benefits? and how? >> well, keep in mind that the tax code is complicated enough already without having some consistency and some certainty and predictability. what this does is that it gives the opportunity to bring certaintity and predict able to certain items. these six items were actually those six that had bipartisan support. both the republicans and democrats agreed they should be extended. most agree they should be extended permanently, so those six were the first on the review and the first we passed out of the commit aye today to move on. >> section 179 expenses, research and development tax credit. bottom line me here, congressman. do they tax extenders cost me money or save me money? >> look, i'm a cpa, somebody who actually was in the business world for 28 years. these allow people to create jobs.

they allow businesses to move forward without certainty and unpredictability it's difficult to do some of these things. this is what the tax extenders do. they're job creators, and will give businesses the opportunity to say i now know what i can do to move forward. >> you know, congressman, in just the past couple of days, we've seen a couple moves by large corporations to redomicile, apparently, their base of operations overseas for tax reasons the it's called a tax inversion. they get a better deal by moving overseas. does this say to you that our tax system, with respect to the repatriation of foreign earnings and tax rate on corporations needs a thorough overhaul and can you get it done? >> well, absolutely. you know, after 30 years of being a cpa, i can tell you our tax code is too complicated, and quite frankly we need to make sure we lower our rates. everybody agrees to that. we have to be competitive globally. to bring companies back here in

we have a competitive rate, and ultimately a simpler tax code. these are the things we have to look at and we have to get done. we all agree that something that republicans, democrats, the president, the administration all agree that we need to reform or tax code. we need to move forward on something. >> do you want to keep pfizer in the united states? >> we have to have -- that's a good point. we have to have a competitive tax code. we have to have rates that are competitive. these companies that are domiciling in europe is because they're going to have a lower tax rate. we have to make sure or tax rate here in the united states is competitive. right now we have the highest tax rate. we need to bring that down. >> congressman, thank you very much. the republican from ohio. sue? we have a pretty decent move in the nasdaq, ty, where we find seema mody. the nasdaq up about 30 points back above 4100, a key level

that market technicians launch. a lot of movement in the old school names, you look at ibm higher on news after it said it would increase the quarterly dividend. hp up after pacific crest upgraded the stock to outperform. so we're seeing some of the old-cool tech names get a bid. now our attention turns to ebay reporting earnings after the bell. analysts will be looking for commentary on the expanded b buyback program. let's go to chicago now and the bond market, check in on interest rates and currencies. rick santelli does it for us several times during "power lunch", we're grateful to say. hey, ricky. >> hi, sue. everybody, of course is watching to see the final outcome of apple's second ever tapping of the capital markets. look lie 40 to 45 billion is being committed from a 50

billion tranche. it really does underscore your interview with the congressman about all these band-aids. 70% of the 40 billion rests overseas. one and two-day charts, even though we're 15 points off the highs today, and stocks four basis points down from the 273 high in tens. if you really want to see where the action is at, look at the before and after exchange. dollar up again, at the highest levels you see on the longer term charts. sue, back to you. >> thank you very much. ricky. well, we're celebrating our 125th anniversary, and as a result of that, we are unveiling our list of the 25 most influential and transformative people in business in the last quarter century. number 23 on the list, he's been called the new face of africa, aliko dangote.

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welcome back to "power lunch." check out shares of boston scientific. in double the trading volume, boston scientific is off session lows, but still down almost 6%, sue. back over to you. in celebration of cnbc's 25th anniversary, we're unveiling the list of our 25 most influential and transformative people in business in the last quarter century. number 23 on the list is aliko dangote, also african's richest man. he joins me as post 9. welcome. it's a pleasure to have you with us. congratulations. >> thank you. >> talk to me about africa. you were one of the first business people who invested on a very deep and wide scale in the african continent and have had obviously great u with it.

where do you see africa moving in the future? what are the industries, other than your cement business, commodity business that will move africa forward? >> what you look at it, africa is quite a continent of about 54 countries. at the moment we have about 1 billion population. the gdp is 1.85 trillion. this growth will be to about 5.5% gdp for almost the last 11, 12 years, and it's been doing quite well. a lot of countries. out of there, when you look at this today, what is the future of africa? the future of africa is when you look at the numbers, you find things happening. yes, things are happening. a lot of people don't believe,

because they have archaic information from the '70s. they say they don't believe it, they want to see, but we've been consistent. what that translates, if you look at it, the projection is that in 2050 from today, which means -- african, if we keep growing at about 5.5%, africa will be a 2 billion population, we will have 2 billion population, and 59 -- we'll have about 15 trillion gdp. >> you mentioned the fact that people who look at the continent of africa may have archaic information. one area of the globe that saw opportunity early in africa was china. china was an early investor in infrastructure in minerals and in commodities. there's a worry that china is slowing down.

there's a worry that china will not continue investing in other places. do you share that worry, or do you see china's role as strong as it's always been? >> i think when you look at it, i'm not really worried at all. today what it is is that there are quite a lot of people, in fact, a lot of american companies, like general electric, they do believe in africa and invest heavily. when you look at what it's been today, what they have done in the first quarter of 2014, in fact, it is the total of what they did in 2011. so it is not only the chinese that are looking at african. almost every single country is looking at africa, because things are happening. when you look at infrastructure, you know, there's quite a lot to be done. when you look at mines, you know, mining, there's quite a lot to be done. so the areas that you want to pick and do business are

enormous. there's -- you know, in africa, the issue is that the return on investment is averaging about 30%. that's why people are really making quite a lot of money. >> mr. dangote, first welcome and congratulations on your including of our list the 25 rebels and icons and also on your taming to the "time" 100 most influential people in the world, very generous little comment written by your friend bill gates about you. >> thank you. >> as you look at africa today, what is the biggest obstacle to its progress? is it corruption? >> well, i think, yes, if you look at really corruption is one of the key, you know -- but corruption doesn't really stop doing business, the best thing is for people to join and then they will help us in stopping the corruption. i think one of the greatest i can say about corruption is the lack of understanding. lack of understanding in the sense that today somebody will

say, okay, fine, i don't want to go to african, but you ask them why, he says he has heard that there's corruption in africa. but really, almost every single country in the world has corruption. the only thing is for us to have strong institutions that will deal with that. you know, i mean, even here in the states, you have corruption, but when you cross the line, then there are strong institutions that will deal with that situation. with us, i think the majority of the government, they tried in times of trying to stop corruption, and i think doing that on a continuous basis will eliminate corruption entirely. >> mr. dangote, you have a far reach in business, and the businesses have been heretofore commodity materials -- cement, grains, sugar, so forth, but recently you have started to move into the petroleum business and refineries. nigeria, a major producer.

why have you done that? and why did it take you so long? >> well, thank you very much. first of all, we try as much, first of all, to avoid dealing in oil, because, you know, the impression is that once you are dealing in oil, you are dealing in corruption, you are dealing in a lot of things. we wanted to make through the real industry, you know, by growing our industries in foods, mainly, also in mines. our company has grown that we believe that, look, today, almost the -- the only work in rye finerieses in africa is in two countries, one in south africa, and the one in cotedivoire. and the best way for us to help

africa is to make sure not only we make nigeria the subcontinent in times of products, because almost 95% of the petroleum products that are imported into the subso hairen continent, and we think we cannot continue with that, especial will i with the population growth. so we decided to do a refinery. we've increased it go to 500,000 barrels a day, with a pet roe chemical complex. >> if anyone can revolutionize that particular industry in that part of the world, you can. thank you very much for joining us. one of the cnbc's first 25 rebels icons and leaders. we'll share the story of number 8 next hour. don't forget tonight 7:00 p.m., a special reveal of the top five. liking forward to that very much, ty. all right, sioux. toyota packing up its bags, its priuss, it's whatevers, and

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one of the biggest losers on the new york stock exchange. the 3-d printer maker is falling as the gross margins fell for the first time in two years. that stock is currently making fresh session lows, down about 12% on the day, sue, back over to you. >> dom, thank you very much. the suburb of torrance, california is not happy. toyota saying it will move its headquarters from torrance to plano, texas. what does this mean for torrance's economy, including the thousands of lost jobs? joining us first on cnbc from los angeles is the mayor of

torrance, california, frank scotto. mayor, welcome. nice to have you here. appreciate it very much. >> thank you. >> i've lived if redondo beach, manhattan beach, spent a lot of time in torrance. it's a great town. i wonder whether you are angry with the state of california for not helping you out a bit in coming up with incentives to try to keep toy -- >> more disappointed in the fact there's so much issues with this move. the city of toran is very compliesed of all the years they were in the city, and all the different things they have done, but making this move down and the fact that we have very little to do or say about keeping them here is disappointing. >> what does it say about the tax structure in the state of california and for that matter, i mean, we're talking about companies moving overseas, planting the flag in european countries to avoid paying the

higher u.s. tax. what would you like to see california do to try to ease the tax situation for some of these major employers? >> yes, it is a tax structure, but there's so much other lerls of problems we face that make it difficult for any business to be in the state of california. municipalities and cities like we have, we try to address the small things, but still isn't enough for major corporations like that that. >> what is going to happen, is 00,000 jobs will be lost. i know you are welcoming with open arms other companies to take over that corps part, but you're talking about 100,000-plus jobs. how will that impact your local economy and what are your plans to deal with that? >> that facility is houses dahl 3,000 jobs we are losing. we are aggressively going to go after company that is want to

relocate. torrance is very honored to say we have a number of international companies that are here. we have a large presence of the japanese companies in the city of torrance. we will obviously go after other companies to replace them. >> who lost toyota? >> well, i would actually say the state of california lost toyota. unfortunately it's affected a lot of lives, a lot of people. there were be other businesses affected by this that probably will have to move with them to texas. it's a number of issues, not just one thing. it's not just taxes, yes, that's one of them, but there's epa things to deal with, a lot of other issues. we have a high situation with workers' comp, liability insurance, things like that. it's all those things that affect the bottom line. >> mr. mayor, thank you very much for taking time with us, and keep us posted. >> thank you very much, sue. >> ty, up to you. >> a rough month for social

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check out what's happening with bris toll mire squibb. held by cost cuts and lower taxes, but sales came in lower than forecast. investors are concerned over a possible deal in completing the marketing application for a high-profile cancer drug. that currently floating off session lows. tyler, back over to you. twitters getting ready to report. the one number wall street is watching for signs of growth, that would be active monthly users. active ones. analysts expecting it to rise 5% from the prior quarter to 255 million. cnbc will be all over the numbers as soon as they cross and the ceo will be on "squawk on the street." that is tomorrow at 9:00 a.m. to discuss the results, and he will be first on cnbc. sue? ty, six people were wounded,

three critically today at a fedex facility at ken saw, georgia. police say a worker showed up for the early shift armed with an assault rifle and began fires. the shooting ended when the man shot and killed himself. three of the biggest winners in today's trading coming up in a moment, if you first what's coming up on "street signs." >> i was going to do the tease, but i'm going to let the legendary chris tucker do it. >> i'm here with brian and mandy, tune in for "street signs" right now. >> better than i could have done. >> thank you. back from the milken conference. ♪ [ girl ] my mom, she makes underwater fans that are powered by the moon. ♪

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all right. a pretty strong market day. we're up just about 108 points on the dow jones industrial average, two thirds of a percent move to the up side. and the nasdaq up almost a full percent on the trading session. three winners right now, ameriprise financial, up better than 6%, conis tsol energy, and pretty significant percentage movers to the up side. >> it was a treat to meet aliko dangote and always fun to share

time with jack bogle. we hope you join us at 7:00 p.m. we'll count you down and lead you through the top five at 7:00 p.m. tonight. meanwhile, that would do it for this edition of "power lunch." >> you've done a fantastic job, ty, you and your team. "street signs" begins right now. \s. welcome to "street signs." breaking news. what you are seeing is a live shot of the news conference that is going to start any moment now. the nba is going to be doing a news conference on donald sterling, the owner of the los angeles clippers with regard to his allegedly racist remarks, our very own reporter sarah eisen is also there on spot and will be able to give us analysis and reaction after the news conference. brian is at the milken conference, he says that is the talk o t